The Fastest Growing Population Growth States May See Housing Boom
We love this article written by the “Daily Real Estate News”
The population growth of the U.S. is growing, rising by 2.2 million people in 2016, according to the latest Census data. But the population growth is not even across the country. For instance, the South and West saw their populations rise by 1.1 percent in 2016, while the Northeast and Midwest saw just a 0.1 percent uptick.
Eight states saw populations grow by more than 1.6 percent in 2016. Many of the fastest-growing states tend to be affordable, midsize cities with quality school systems, and have low unemployment, reports 24/7 Wall St., a financial news site.
24/7 Wall St. reviewed one-year populations for all 50 states from 2015 to 2016 Census data. (The population estimates listed are from July 1 of each year.)
The fastest growing states are:
1. Utah
- 1-year population growth rate: 2.03%
- Current population: 3.05 million
- 2015 population: 2.99 million
- 10-year growth rate: 20.82%
2. Nevada
- 1-year population growth rate: 1.95%
- Current population: 2.94 million
- 2015 population: 2.88 million
- 10-year growth rate: 16.55%
3. Idaho
- 1-year population growth rate: 1.83%
- Current population: 1.68 million
- 2015 population: 1.65 million
- 10-year growth rate: 14.60%
4. Florida
- 1-year population growth rate: 1.82%
- Current population: 20.61 million
- 2015 population: 20.24 million
- 10-year growth rate: 13.46%
5. Washington
- 1-year population growth rate: 1.78%
- Current population: 7.29 million
- 2015 population: 7.16 million
- 10-year growth rate: 14.40%
6. Oregon
- 1-year population growth rate: 1.71%
- Current population: 4.09 million
- 2015 population: 4.02 million
- 10-year growth rate: 11.51%
7. Colorado
- 1-year population growth rate: 1.68%
- Current population: 5.54 million
- 2015 population: 5.45 million
- 10-year growth rate: 17.37%
8. Arizona
- 1-year population growth rate: 1.66%
- Current population: 6.93 million
- 2015 population: 6.82 million
- 10-year growth rate: 14.96%
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